3,386 Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Bought by Commerce Bank

Commerce Bank acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,386 shares of the company’s stock, valued at approximately $228,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clarius Group LLC raised its holdings in Invesco S&P 500 Quality ETF by 18.7% during the third quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after buying an additional 750 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Invesco S&P 500 Quality ETF during the second quarter valued at about $796,000. ACT Advisors LLC. grew its position in shares of Invesco S&P 500 Quality ETF by 2.3% in the third quarter. ACT Advisors LLC. now owns 286,908 shares of the company’s stock valued at $19,300,000 after purchasing an additional 6,397 shares during the last quarter. Kingswood Wealth Advisors LLC grew its position in shares of Invesco S&P 500 Quality ETF by 34.7% in the second quarter. Kingswood Wealth Advisors LLC now owns 13,470 shares of the company’s stock valued at $856,000 after purchasing an additional 3,470 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $239,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $68.70 on Thursday. The company has a market cap of $10.27 billion, a P/E ratio of 22.60 and a beta of 0.98. The stock’s 50-day moving average is $67.31 and its 200-day moving average is $65.10. Invesco S&P 500 Quality ETF has a 52-week low of $51.50 and a 52-week high of $68.99.

About Invesco S&P 500 Quality ETF

The Invesco S&P 500 Quality ETF (SPHQ) is an exchange-traded fund that is based on the S&P 500 Quality index. The fund tracks an index of US large-cap stocks selected by return on equity, changes in net operating assets and financial leverage. Stocks are weighted by these quality factors, scaled by market cap.